SBA Communications (SBAC) PT Raised to $150 at Jefferies Following 1Q

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Go back to SBA Communications (SBAC) PT Raised to $150 at Jefferies Following 1Q

SBA Communications Corporation Reports 1st Quarter 2017 Results; Updates Full Year 2017 Outlook

May 1, 2017 4:01 PM EDT

BOCA RATON, Fla., May 01, 2017 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq: SBAC) ("SBA" or the "Company") today reported results for the quarter ended March 31, 2017.

Highlights of the first quarter include:

Increased Full Year OutlookNet income of $37.6 million or $0.31 per shareAFFO per share growth of 17% over the year earlier periodCompleted $760.0 million financing transaction in April at 3.168%

The first quarter was a good start to 2017 for... More